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The market of pharmacy repackaging systems has experienced the motion of several noteworthy patterns in the course of years toward its traits dynamic healthcare sector. The automation stands out as among the new pharmaceutical re-packaging methods that are gaining significance. In aspiration to achieve a greater speed and accuracy, the use of automated systems has expanded in many today's pharmacies when it comes to repackaging medications. These drug delivery systems do not only enhance productivity but also curb errors at their roots; this helps patients to receive the right amount of drug dose. The demand for such high-level technologies is bursting with the need for medical protection and regulatory compliance.
Otherwise, the market is witnessing a move towards modular and versatile solutions which places the Pharmacy Repackaging Systems Market in the center of attention. It is becoming increasingly apparent to pharmacies that the systems that help with the growing process and accommodate more medications to be repackaged must be adjustable to their precise needs and changes. Modular systems are suitable for expanding and editing your packaging process while only requiring tuning on your system rather than a complete redesign. Scalability is recognized as vital to pharmacies’ ability to handle fluctuating workload, hence making the repackaging process adaptive and responsive to market demands which is consistent with those trends.
In this regard, one of the most conspicuous developments is the incorporation of data analytics capacities within rewarm pharmacy packaging machines. As healthcare is using more and more statistical approaches to the treatment, pharmacies are exploring systems that can catch and process data from repackaging activities. This integrated platform includes the ability to optimize operational procedures by combining activities to generate a smoother workflow among the staff. Besides that, this solution also helps with inventory management, resulting in better inventory situation. It is essential to be able to follow and trace the medications constantly when repackaging the medication products, because it can help to meet the regulatory requirements and ensure package security.
Sustainability at the core of the pharmacy repacking systems emerges as a prominent challenge as well. Pharmacies become more conscious about their environmental impact; consequently, they are exploring packaging options that contribute less to waste and minimize the use of earth-related provisions. Suppliers are reacting to the massive growth of such products by arranging processes which boost the ratio of packaging material, decrease the energy waste and make the construction of recyclable material possible. Along with carrying out the responsibility for preserving the environment, sustainability is also seen as a strategic differentiator for the pharmacy repackaging system providers in a competitive marketplace.
On the other side, the uptake of pharmacies using remote and decentralized models through automated processes has helped in pharmacy repackaging systems market trends. Alongside the advancement of telemedicine and accessibility of remote healthcare services, the e-pharmacies welcomes new distribution models. The retooling of logistic systems that can accommodate virtual pharmacy functions and allow real-time oversight are thriving all over the world. Through the deployment of these computerized systems, medicine shops are able to easily attend to their patients living in distant places by adhering to uniform standards in respect to medicine packaging.
Pharmacy Repackaging Systems Market Highlights:
Pharmacy Repackaging Systems Market Overview
Pharmacy Repackaging Systems Market Size was valued at USD 2,528.0 million in 2023. The Pharmacy Repackaging Systems industry is projected to grow from USD 2,701.7 million in 2024 to USD 4,766.1 million by 2032, exhibiting a compound annual growth rate (CAGR) of 7.35% during the forecast period (2024 - 2032). The pharmaceutical repackaging is act of transferring the pharmaceutical dosage from primary container (manufacturer) and introducing it into another container which is usually smaller in size.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The repackaging systems are rapidly growing owing to the factors such as significant reduction in cost and errors, advance drug inventory management, and rise in awareness of automated systems in developed economies are driving growth of market globally. Further, the increasing cases of erroneous deaths because of the improper administration of the medicines and drugs is expected to drive the growth of the market.
Moreover, the absence of awareness about the potential advantages these computerized systems can offer in a few regional markets has been a critical inhibitor. Besides, major companies in the market are involved in new product launches to strengthen their position in the market.
Segmentation
The pharmacy repackaging systems market is segmented on the basis of product type, dosage type, and end user.
The market, by product type is categorised into solid medication packaging systems, liquid medication packaging systems, bottle filling/ pill counting automation systems, and others. The solid medication packaging systems is further divided into blister card packaging systems, and pouch packaging automation systems. The blister card packaging systems is further divided into multi dose blister card packaging systems, single dose blister card packaging systems, and heat sealers. The liquid medication packaging systems is further divided into oral liquid filling system, vial filling system, and syringe filling system.
Based on dosage type, the market of pharmacy repackaging systems is segmented into unit dose packaging and multiple unit packaging.
On the basis of end user, the market is segmented into retail/community pharmacy, hospital pharmacy, Long-term Care (LTC) pharmacies, and others. The hospital pharmacy is further segmented into Outpatient Pharmacy, and Inpatient Pharmacy.
On the basis of region, the pharmacy repackaging systems market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The Americas is sub-segmented into North America and Latin America. The North American region is further segmented into the US and Canada. The European region is divided into two, namely, Western Europe and Eastern Europe. Western Europe is further classified into Germany, Italy, France, the UK, Spain, and the rest of Western Europe. The Asia-Pacific region is sub-segmented into Japan, China, India, Australia, South Korea, and the rest of Asia-Pacific. The pharmacy repackaging systems market in the Middle East and Africa has been segmented into the Middle East and Africa.August 2023: A major pharmaceutical company partnered with a repackaging solutions provider to offer unit-dose repackaging services for specialty medications. This collaboration indicates a potential expansion of the market into the high-growth segment of specialty drugs.July 2023: A leading provider of pharmacy automation solutions announced a new line of repackaging systems designed to improve efficiency and medication adherence. This launch highlights the growing trend towards automation in the pharmacy repackaging market.
Regional Market Summary
Global Pharmacy Repackaging Systems Market Share (%), by Region, 2017
Sources: Centers for Disease Control and Prevention (CDC), US Department of Health and Human Services, National Institutes of Health
It is projected that the Americas dominated the pharmacy repackaging systems market owing to the growth of the market in the North American region. This is largely attributed to the factors such as rising number of outpatient visits that encourages pharmacists and hospitals to incorporate automated systems in order to improve their prescription-handling capacity.
Europe is expected to hold the second largest share in the market of pharmacy repackaging systems owing to growing healthcare infrastructure. Additionally, various initiatives by public and private organizations is anticipated to boost the growth of the market.
Asia-Pacific was projected to be the fastest growing region for the pharmacy repackaging systems market. This owes to the technological advancements resulting in the development of cost-effective pharmacy repackaging systems leading to high acceptance rate for the devices in the Asia-Pacific region.
The Middle East and Africa holds the least share in the pharmacy repackaging systems market due to the presence of economically diverse countries, and less initiatives taken by the government.
Pharmacy repackaging systems Market, by Product type
- Solid Medication Packaging Systems
- Blister Card Packaging Systems
- Multi Dose Blister Card Packaging Systems
- Single Dose Blister Card Packaging Systems
- Heat Sealers
- Pouch Packaging Automation Systems
- Liquid Medication Packaging Systems
- Oral Liquid Filling System
- Vial Filling System
- Syringe Filling System
- Bottle Filling/ Pill Counting Automation Systems
- Others
Pharmacy repackaging systems Market, by Dosage type
- Unit Dose Packaging
- Multiple Unit Packaging
Pharmacy repackaging systems Market, by End User
- Retail/Community Pharmacy
- Hospital Pharmacy
- Outpatient Pharmacy
- Inpatient Pharmacy
- Long-term Care (LTC) Pharmacies
- Others
Pharmacy repackaging systems Market, by Region
- Americas
- North America
- US
- Canada
- Latin America
- Europe
- Western Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Western Europe
- Eastern Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- The Middle East & Africa
- Middle East
- Africa
Pharmacy repackaging systems Market, Key Players
- Arxium
- Becton Dickinson & Company (Carefusion Corporation)
- Kirby Lester
- Medical Packaging Inc
- Omnicell, Inc
- Parata Systems
- Pearson Medical Technologies
- Proficient Rx
- Swisslog Holding Ltd
- Takazono Corp
- Tcgrx
- Yuyama Co., Ltd
Intended Audience
- Medical device companies
- Pharmaceutical companies
- Government institutions
- Research and Development (R&D) companies
- Medical research laboratories
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